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《Reform》 2013-01
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Three Junior Talismans for Reform and Development of China’s Economy

Yu Li Feng Bo  
On the basis of "three stages" division,this paper,learning the "three major talismans" in the founding of new China(in line with the first stage),attempts to summarize the "three junior talismans" for reform and development of China’s economy(in line with the third stage),namely "minor property rights","small treasury" and "dual-track system".The paper makes a conclusion that "three junior talismans" are consistent with "incentive compatibility" principle,adhering to "seeking truth from facts" requirement,reaching the "law-morality unity" purpose,each playing its rule and having wonderful effects,together have created the mystery of China’s economic growth.The important enlightenment of "three junior talismans" is that policy making and the construction of rule of law must root in "buzheteng" principle whose core element is "incentive compatibility".
【CateGory Index】: F121
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